NISM Exam Prep

Step-Up SIP Calculator

Amplify your investment returns by increasing your SIP amount annually. See the difference a small step-up can make.

Step-Up SIP Inputs

₹ 10,000
₹ 500₹ 1,00,000
10 %
0 %25 %
12 %
1 %30 %
10 Years
1 Years40 Years

Investment Projection

Invested Amount

₹19,12,491

Estimated Gains

₹14,61,835

Future Value

₹33,74,326

What is a Step-Up SIP Calculator?

A Step-Up SIP calculator is a smart financial tool that demonstrates the impact of periodically increasing your Systematic Investment Plan (SIP) amount. It helps you visualize how gradually 'stepping up' or 'topping up' your monthly investment can significantly accelerate your wealth creation and help you achieve your financial goals much faster.

How to Use Our Step-Up SIP Calculator

  1. Enter your initial monthly investment amount in the 'Monthly Investment' field.
  2. Provide the expected annual rate of return on your investment in the 'Expected Rate of Return (%)' field.
  3. Set the total investment duration in the 'Investment Period (Years)' field.
  4. Specify the annual percentage by which you want to increase your SIP amount in the 'Annual Step-up (%)' field.
  5. Click 'Calculate' to see the projected maturity value and wealth gain.

Frequently Asked Questions (FAQs)

What is a Step-Up SIP or SIP Top-Up?

A Step-Up SIP, also known as a SIP Top-Up, is a facility that allows you to automatically increase your SIP investment amount at regular intervals, usually annually. This helps you invest more as your income grows, accelerating your wealth creation.

How does a Step-Up SIP calculator work?

A Step-Up SIP calculator computes the future value of your investments by factoring in your initial monthly SIP, the expected rate of return, the investment tenure, and the annual percentage increase (the step-up rate) in your SIP amount.

Why should I use a Step-Up SIP?

Using a Step-Up SIP aligns your investments with your growing income. It helps you reach your financial goals faster by investing a larger amount over time. A small annual increase can lead to a significantly larger corpus due to the power of compounding.

Can I choose a different step-up frequency than annual?

Most mutual fund houses offer an annual step-up frequency. However, some may offer half-yearly options as well. Our calculator currently supports an annual step-up, which is the most common option.